New Magna Donnelly to Lead Mirror Market

A year ago, Magna International Inc. spun off its interiors business into a separate company known as Intier Automotive. On June 25, Magna made another bold move, acquiring one of its loyal suppliers, Donnelly Corp., which sells door handles, windows, mirrors and mirror components to Magna.
Clearly, Canada’s No.1 automotive supplier no longer is satisfied to be the No.3 player in interiors, behind both Lear Corp. and Johnson Controls Inc.
With Donnelly, Magna gets electronics ...

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